24
May
Many Nevada Payday Lenders Get a Failing Grade in New Report

A new report found that many payday lenders in Nevada did not receive a satisfactory rating. Consumers who are considering getting payday loans in Nevada might want to read the fine print carefully. Almost one-third of payday lenders, check cashing, and title loan services didn’t receive a satisfactory rating in a recent Nevada state audit of […]

Posted in: Personal Loan News,
22
May
Law Enforcement Officers Get a Tuition Break at These Schools

Georgia Military College will begin offering a tuition discount for law enforcement officers. Georgia Military College commemorated Peace Officers Memorial Day on May 15 by honoring fallen officers and announcing a new tuition discount for any law enforcement officer who wants to attend the college. Officers will get a 10 percent discount on their tuition at […

Posted in: Regional News, Student Loan News,
19
May
Federal Student Loan Rates Are Going Up – Here’s What to Expect

Student loan borrowers can once again expect to see interest rates rise on federal student loans. Beginning this fall, college students should expect to pay more on their student loans - interest rates are expected to rise.Students will see interest rates on their federal student loans rise by over half a percent thanks to the May […]

Posted in: National News, Student Loan News,
18
May
Subprime Auto Loan Defaults at Highest Rate in 20 Years

Information collected by Fitch Ratings uncovered that the auto loan delinquency level is now at 5.8 percent, the highest rate in some time.Despite the growing economy in the United States, an increasing number of subprime auto loan borrowers are defaulting on their loans. The information collected by Fitch Ratings reveals the delinquency level is now […]

Posted in: Auto Loan News,
17
May
How Teens Can Save for College Despite a Tougher Summer Job Market

Recent trends suggest that teens may have a hard time trying to find a job this summer. While unemployment sits at a 17-year low, teen workers might have a hard time appreciating this as they try finding summer jobs this year.American teens aged between 16 and 19 years old added almost 1.3 million jobs during May, […]

Posted in: National News, Student Loan News,
16
May
CFPB to Fold Watchdog Office That Oversees Student Loans

The CFPB has announced that a student loan watchdog office is getting downsized. Student loan borrowers may soon have one less resource for help. The Consumer Financial Protection Bureau (CFPB) recently announced plans to downsize its Office of Students and Younger Consumers division - a part of the CFPB involved in oversight of the student loan […]

Posted in: National News, Student Loan News,
15
May
Chicago Community College Enrollment Drops While Tuition Goes Up

In Chicago, community colleges are experiencing rising tuition despite decreasing enrollment rates. Enrollment at several Illinois community colleges is at an all-time low. At the same time, the cost of tuition has gone up.In 2017, seven suburban community colleges reported a combined total of 60,177 students. This is a 9 percent drop from their combined average [&hel

Posted in: Regional News, Student Loan News,
12
May
Oracle Acquires Vocado, Aims to Streamline Financial Aid for Borrowers

Vocado, a student loan information platform, was recently acquired by Oracle. According to a recent press release, the cloud software service company Oracle announced the acquisition of Vocado, a software company that focuses on improving the student loan and financial aid process.More specifically, Vocado will join the Oracle Student Cloud - a software suite that foc

Posted in: Industry News, Student Loan News,
11
May
Collective Student Loan Debt Passes $1.5 Trillion

A new report found that the total outstanding student loan debt in the U.S. has risen over $1.5 trillion. Outstanding student loan debt is on the rise, edging past a collective $1.5 trillion, according to the Board of Governors of the Federal Reserve’s statistical release on consumer credit.The first quarter of 2018 showed outstanding student loan debt [&hellip

Posted in: Financial News, National News, Student Loan News,
11
May
Congress Votes to Erase Auto Loan Anti-Discrimination Rule

Congress recently pushed through a measure to roll back on auto lending practices. Under the authority granted by the Congressional Review Act, the House of Representatives passed a measure on May 8 to roll back an Obama-era rule on auto lending practices issued by the Consumer Financial Protection Bureau (CFPB). It should be noted that the […]

Posted in: Auto Loan News,